Turtletrader
Turtle System has exited its long position! Made 130%!The long signal received @ $4125 has now been exited at @ $9495. I believe now is a good time to close any long positions and wait for the trend to show strength again to deploy more capital. Some back testing made me realize using this method is not beneficial for shorting so i will never put myself in any short positions just going into cash. I will be wait patiently for the next long signal and always follow my system!
- Andres
Get my free trend trading system indicator here:
BTC COULD DUMP & ADA COULD PUMP! The system alerted me to long. I will do as the system says... Always.... I will get out when the system tells me to... Always...
Ribbon is still red so not sure if this long will work out however i will never doubt my system. - Andres
Link to my free trend trading system indicator:
BTC/USD in a tricky spot. However im going into cash!Sold my long when the bottom donchian broke @ 11,440. Currently sitting in cash and waiting for price to show me bullish price action. I will know when there is bullish price action when it breaks the top donchian sometime in the future. Dont fight the tide flow with it. Keep it simple. - Andres
XMR/USD Kraken - Potential Long (Turtle plus other indicators)Monero, along with other alts, has been showing strength against the dollar over the past three weeks.
History tells us that alts often pop before Bitcoin so I am starting to look at set ups for a number of alts which I think are strong projects. I'm not saying the bottom is in but its at least a good time to evaluate the market for opportunities. With that said here is my thoughts on XMR:
1) Price found support at EMA 50 (orange line) but was rejected two days back on the EMA 100 (blue line)
2) Two blue horizontal lines show recent weekly R/S. If we can break through these they will act as support. Above this we have little resistance until the next weekly R/S level at $87
3) Two green lines ($54.69 & $55.54) show the Buy levels for the Tuttle S1 Trading Strategy - See related Idea below for details)
4) Buy volume has been greater than sell volume recently. This is confirmed by a positive OBV (not shown)
5) We are in the Ichimoku cloud with an edge to edge trade acting as a magnet to the top edge of $76 (using 20,60,120,30 settings) (also not shown)
Trade:
Buy position if price manages to close on the daily above the EMA 100 and lower Wk R/S level ($54.86). Add to position if price continues up and closes above the $57.16 Wk R/S level. As per Turtle strategy Stop Loss will be placed at 2% loss which will be approx $51.28. Expected target in range of $76-$87 (top of cloud-previous Wk R/S level), however I will exit in accordance with the Turtle strategy using trailing Stop Loss.
If you found this helpful please smash the like and follow buttons. It will encourage me to share other alt trades over the next few days.
Always remember "Luck is what happens when preparation meets opportunity"
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
US30 Dow Jones Entry using TAD SystemThis trading strategy is based on using the TAD System .
For more information, do visit us at f1traderacademy.com
Looking to LONG by placing a BUY STOP pending order, in case the price breaks above 25790 level or higher.
Whereas also placing a STOP LOSS level in case price goes down to 25464 level or lower.
And this we conclude with the entry of a BUY entry and placing a STOP LOSS using the TAD System.
Hope you enjoy from this session, thank you.
US30 Dow Jones Indices (07/03/2019) Technical CallA SHORT ENTRY had been triggered since 04/03/2019 when price broke the 25878 resistance level.
A profit of 464 pips and a risk reward ratio of 1.56, if you manage to close the SHORT position at 25414 and ongoing lower today.
Today at this moment while publishing this idea, another SHORT signal has been triggered by the TAD System.
How to define a SHORT using the TAD System?
If you observe, there are 3 down arrows for TURTLE, ATOM & DUCK indicators and this result to a SHORT ENTRY.
Are you interested with the TAD System in Trading View?
If you are please do drop a message or visit f1traderacademy.com to contact one of our personnel.
The TURTLE indicator is to be used alongside with the ATOM and DUCK indicators.
As with all 3 indicators used alongside, it becomes the TAD System.
To complete your TAD System setup you still require:
To add the F1 TURTLE indicator as favorite script:
To add the F1 ATOM indicator as favorite script:
To add the F1 DUCK indicator as favorite script:
Have FUN Trading !!!
Cheers ~
Disclaimer: All charts and strategies are meant for education purpose only and not a recommendation to buy or sell any product. Do understand your risks and money management before committing.
US30 Dow Jones Indices (05/03/2019)The long awaited SHORT entry has finally been triggered based on the TAD System. The TAD System consists of a combination of 3 indicators which are the TURTLE, ATOM & DUCK.
How to define a SHORT using the TAD System?
If you observed 3 down arrows for TURTLE, ATOM & DUCK.
Besides from a technical analysis point of view, the support level of 25875 and 25765 has broken, uptrend channel has also broke, causing a sign of change of trend.
SHORT ENTRY - 25878
STOP LOSS - 26252
TP - 25500 (personally I prefer to trail my stop loss)
Disclaimer: All charts and strategies are meant for education purpose only and not a recommendation to buy or sell any product. Do understand your risks and money management before committing.
40) ETH/USD SHORT Turtle S1 Breakout trigger (17-Feb-18)Are we finally seeing the Crypto markets wake up or will this prove to be another false alarm. More dreams dashed? As a mechanical trader these are not my concerns. My strategy has triggered a buy so we are in the trade. Simples!!
ETH burst through the 20 day high as shown on the chart (pink box). Position 1 & 2 triggered at the levels shown with a 1N position size. I have no further position size because this trade is still against the trend of the market, as such I have reduced my risk exposure.
Stop Loss is set at 2N below P2 at the level shown which is in play. Exit level (yellow box) is below the SL so is not active.
I will post updates below, so please smash the like and follow buttons!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
TO SEE RESULTS SO FAR FOR THIS STRATEGY (ALL 39 TRADES) SEE THE LINK BELOW
US30 Dow Jones Indices (27/02/2019) AnalysisA LONG ENTRY had been triggered since 12 February 2019 and had been holding onto the LONG position to date 26 February 2019 (total of 14 days).
A profit of 915 pips and a risk reward ratio of 2.83, if manage to close the LONG position at the highest point within these 14 days.
Meantime it is still a LONG position and yet to exit the LONG position as price is currently still within the Uptrend Channel.
As of 26 February 2019, a BULLISH ENGULFING candle pattern is formed and confirmed with the stochastic oversold crossover level which shows an opportunity to BUY on dip or LONG at retracement.
US30 Dow Jones IndicesA LONG ENTRY had been triggered since 12 February 2019 and had been holding onto the LONG position to date 26 February 2019 (total of 14 days).
A profit of 915 pips and a risk reward ratio of 2.83, if manage to close the LONG position at the highest point within these 14 days.
Meantime it is still a LONG position and yet to exit the LONG position as price is currently still within the Uptrend Channel.
As of 26 February 2019, a BULLISH ENGULFING candle pattern is formed and confirmed with the stochastic oversold crossover level which shows an opportunity to BUY on dip or LONG at retracement.
39) ETH/USD SHORT Turtle S1 Breakout trigger (22-Jan-18)ETH dropped below the 20 day low as shown on the chart (pink box). Position 1 has triggered at the levels shown with a 1N position size. P2-P4 will trigger if price drops to the levels shown.
Stop Loss is set at 2N above P1 at the level shown. Exit level (yellow box) is below the SL so is active.
I will post updates below, so please smash the like and follow buttons!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
Note: I am personally not trading this idea as I have 7N units short on other pairs and the technicals are not strong enough to warrant me placing up to 12N currently.
"Luck is what happens when preparation meets opportunity"
38) BTC/USD SHORT Turtle S1 Breakout trigger (10-Jan-18)For details of the strategy used for this trade (and historic performance) see linked trade below.
BTC (XBT) dropped below the 20 day low as shown on the chart (pink box). Position 1 has triggered at the levels shown with a 1N position size. P2 will trigger if price drop to the levels shown. I am only placing two positions due to uncertainty in other TA indicators.
Stop Loss is set at 2N above P1 at the level shown. Exit level (yellow box) is at same level as the SL.
I will post updates below, so please smash the like and follow buttons!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
37) XRP/USD SHORT Turtle S1 Breakout trigger (10-Jan-18)For details of the strategy used for this trade (and historic performance) see linked trade below.
XRP dropped below the 20 day low as shown on the chart (pink box). Position 1 have triggered at the levels shown with a 1N position size. P2 - P4 will trigger if price drop to the levels shown.
Stop Loss is set at 2N above P1 at the level shown. The 10 day high Exit level (yellow box) is currently higher than the Stop Loss so is NOT in play.
Note that a potential target is the previous local low which is show as a 31% drop from my P1 entry level.
I will post updates below, so please smash the like and follow buttons!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
36) IOT/USD SHORT Turtle S1 Breakout trigger (10-Jan-18)For details of the strategy used for this trade (and historic performance) see linked trade below.
IOT dropped below the 20 day low as shown on the chart (pink box). Positions 1 & 2 have triggered at the levels shown. Note the price dropped so fast on Bitfinex that I didn't get a very good average price. Each with a 1N position size. P3 & P4 will trigger if price drop to the levels shown.
Stop Loss is set at 2N above P2 at the level shown. The 10 day high Exit level (yellow box) is currently higher than the Stop Loss so is NOT in play.
Note that a potential target is the previous local low which is show as a 31% drop from my P1 entry level.
I will post updates below, so please smash the like and follow buttons!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
EUR/USD Battle Plan 09/01/2019See yesterday's analysis for how this entry occurred.
Today this trade went live once price broke 1.15 and is likely to close at 1.55 which is a psychological level for the mob, I expect price to exceed this level and move up to 1.563 where my second entry is placed (based on the average open close for Jan being 63 points). Further entries will be decided by the average open close with stops also determined in this fashion.
My target for this trend is to have 5 entries in total and for price to reach 1.18 before reversing in line with the macro weekly down trend.
Stay tuned for more analysis on this trend and leave a comment and a like if this has helped you.
$TNDM - The trading system Equity Trend to go long todayToday at the market open (Jan 9), the equity trading system Equity Trend will open a long position in Tandem Diabetes Care Inc. (ticker: TNDM)
Each day, the system scans around 10,000 stocks to find just 1 or 2 which are ready to move immediately.
The system combines elements of breakout trading, trend following and risk management from Turtle trading.
System: bit.ly
$MO - The trading system Equity Trend to go long todayToday at the market open (Jan 8), the equity trading system Equity Trend will open a long position in Altria (ticker: MO)
Each day, the system scans around 10,000 stocks to find just 1 or 2 which are ready to move immediately.
The system combines elements of breakout trading, trend following and risk management from Turtle trading.
System: bit.ly
$DORM - The trading system Equity Trend to go long todayToday at the market open (Jan 8), the equity trading system Equity Trend will open a long position in Dorman Productos (ticker: DORM)
Each day, the system scans around 10,000 stocks to find just 1 or 2 which are ready to move immediately.
The system combines elements of breakout trading, trend following and risk management from Turtle trading.
System: bit.ly
$GLUU - The trading system Equity Trend to go long todayToday at the market open (Jan 7), the equity trading system Equity Trend will open a long position in GLU MOBILE (ticker: GLUU)
Each day, the system scans around 10,000 stocks to find just 1 or 2 which are ready to move immediately.
The system combines elements of breakout trading, trend following and risk management from Turtle trading.
System: bit.ly
$MTLS - The trading system Equity Trend to go long todayToday at the market open (Jan 7), the equity trading system Equity Trend will open a long position in Materialise NV American Depositary Shares (ticker: MTLS)
Each day, the system scans around 10,000 stocks to find just 1 or 2 which are ready to move immediately.
The system combines elements of breakout trading, trend following and risk management from Turtle trading.
System: bit.ly
$OLED - The trading system Equity Trend to go short todayToday at the market open (Jan 4), the equity trading system Equity Trend will open a short position in Universal Display Corporation (ticker: OLED)
Each day, the system scans around 10,000 stocks to find just 1 or 2 which are ready to move immediately.
The system combines elements of breakout trading, trend following and risk management from Turtle trading.
System: bit.ly